Staking TIA on native platforms is yielding between 15% to 17%, minus fees, to users, boosting demand for the cryptocurrency.

Celestia’s TIA Token Pops 22% as Staking, ‘Modular’ Narrative Gains Favor

Celestia’s TIA token gained over 22% in the past 24 hours, bucking the muted broader market trend, as investor interest in staking TIA gained momentum alongside rising hype for the blockch...

8 months ago

As per SlowMist’s latest research report, Ethereum experienced the highest losses, amounting to $487 million, followed by Polygon.

Ethereum suffered highest losses due to rug pulls and hacks, data shows

According to the SlowMist report, a total of 464 security incidents resulted in losses totaling almost $2.5 billion in 2023. The figure marks a 34.2% decrease in losses compared to 2022, wh...

8 months ago

The DeFi protocol Gamma Strategies potentially lost nearly $500,000 in an exploit, according to blockchain investigator PeckShield.

Gamma protocol investigates potential attack that drained Ether

Ethereum-based asset management protocol Gamma Strategies announced an investigation into an ongoing security incident that potentially drained at least 211.9 Ether ETH $2,224

8 months ago

Decentralized exchange dYdX has released a post-mortem report detailing the “targeted attack” it experienced on its v3 platform in November.

dYdX Reveals Post-Mortem Findings: Identifies Attacker and Considers Legal Measures

The attack resulted in a $9 million loss from its insurance fund, which represented approximately 40% of its total holdings. In the report, dYdX stated that investigative eff...

8 months ago

CleanSpark, the third-largest public Bitcoin mining firm in the U.S., is set to establish its own trading desk in 2024, aiming to optimize the profitability of its substantial Bitcoin assets.

Bitcoin mining firm CleanSpark to launch in-house crypto trading

In an interview with Bloomberg, Zachary Bradford, the CEO of CleanSpark, expressed the strategic decision to manage their Bitcoin transactions internally. Given their considerable Bitcoin h...

8 months ago

GainBitcoin Collected Hundreds of Thousands Bitcoins

Another Man Arrested in India’s Multi-Billion GainBitcoin Ponzi Scam as Investigation Intensifies

India’s probe agency, the Directorate of Enforcement (ED), has arrested Nitin Gaur, the brother-in-law of Ajay Bhardwaj, in connection with the multi-billion-dollar GainBitcoin Ponzi scam....

8 months ago

Radiant Capital Reports Exploit of $4.5 Million Ethereum Loss

Radiant Capital has confirmed a security breach in its network, leading to the theft of Ethereum valued at approximately $4.5 million. According to the blockchain security co...

8 months ago

Jamie Dimon's bank agreed to play a key role with BlackRock's proposed bitcoin ETF, just weeks after he told U.S. senators: "I've always been deeply opposed to crypto, bitcoin, etc."

JPMorgan CEO's Bitcoin Bashing Is a 'Do as I Say, Not as I Do' Situation

JPMorgan Chase CEO Jamie Dimon has dumped on cryptocurrencies for years. "I've always been deeply opposed to crypto, bitcoin, etc.," he said during a U.S. Senat...

8 months ago

Futures tracking the lesser-known token saw $68 million evaporate in leveraged bets in a 24-hour period.

Wild Trading Session Sees Tellor’s TRB Token Slide From $720 to $180 in Hours

A relatively illiquid market and likely overleveraged trading positions pushed Tellor’s TRB token prices up over 250% in 24 hours on Saturday, only for the cryptocurrency to tumble and fal...

8 months ago

Cold Storage Can Allow Movement of Funds Wihtout Oversight

China Raises Alarm Over Corrupt Officials Exploiting Cold Storage Cryptocurrency for Illicit Cross-Border Transactions

Official Chinese media sources have raised concerns regarding the exploitation of cryptocurrencies by corrupt officials for illicit activities.  The use of cold storage methods fo...

8 months ago